Riding the Bitcoin Wave Ahead of April’s Halving - March 15, 2024

Riding the Bitcoin Wave Ahead of April’s Halving

Friday, March 15, 2024

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by Paycorp Group

CryptoExpress Facilitates Seamless Conversion of Digital Wealth Amid Bitcoin Surge

Johannesburg – 5 March 2024 – With anticipation mounting for the forthcoming Bitcoin halving in April, the price of the world’s leading cryptocurrency has experienced a significant surge in recent weeks. Since the beginning of the year, it’s gained almost 50% to trade above $65,000, bringing it close to its all-time high of $69,000. This uptrend has been further fuelled by the recent approval by the US Securities and Exchange Commission of several spot-based Bitcoin exchange-traded funds (ETFs).

Whether you're inclined to hold onto your crypto for potential future gains in the coming months or are eager to capitalise on the current market momentum, the CryptoExpress app stands ready to support your decision. Developed by the South African-based global payments company Paycorp, this innovative app streamlines the process of converting your digital assets into cash, offering a seamless, secure, and rapid cash-out experience.

Available for both Apple and Android devices, CryptoExpress ensures a hassle-free withdrawal process. Simply convert your cryptocurrency through the app, authorise the transaction within your crypto wallet, and receive a withdrawal voucher PIN generated by the app. To access your cash in South African rands, you use your mobile number and the withdrawal PIN at more than 3,000 Cash Express ATMs nationwide.

The entire cash-out process is safeguarded by robust encryption and multi-level security protocols, guaranteeing the safety of both your digital assets and cash holdings. Presently, cashouts are supported for Bitcoin, Lightning Bitcoin, Ethereum, USD Coin, and Tether, all denominated in South African rands.

The Bitcoin halving that occurs every four years, is a pivotal event in the cryptocurrency universe. It aims to decrease the rate at which new Bitcoins enter circulation, thereby managing the total supply. Historically, halving events have correlated with increases in Bitcoin's price, as reduced supply stimulates heightened demand.

The timing couldn’t be better for cashing in on some crypto profits, and the process of doing so, couldn’t be more straightforward.

About CryptoExpress

The CryptoExpress app is available for free download on both iOS and Android app stores, making it accessible to a wide audience eager to experience a hassle-free crypto-to-cash conversion.

Learn more about CryptoExpress and converting your crypto to cash, on cryptoexpress.co.za

About Paycorp

Paycorp, a global payments company headquartered in South Africa, operates in Southern Africa and Eastern Europe with offices in seven countries and over 400 highly skilled employees. With almost 25 years of experience, Paycorp is a respected payments provider that offers a wide range of payment products and services, including cash management, transaction processing, value-added services and business funding.

Paycorp's goal is to connect more people to their money and more businesses to their customers, and the company culture thrives on an ethos of having fun, making money, and doing good.

For more information about Paycorp and its range of payment solutions, please visit www.paycorp.co.za.

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